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November 20th, 2012, 19:49
Originally Posted by Zaleukos View Post
Money simply fulfill the role of being a trading interface, a universal barter unit.

Scrap it and you'd need a similar concept or you'd need to go back to a barter economy.

Bartering is useless because you'd need to find someone who both wants the goods you have at hand and who has the goods that you want. Good luck with that.
There would be no need for bartering. Simply a distribution of available resources, based on need first and luxuries second. No one would need to barter anything, but they could if they wanted to.

A monetary system would be ok in that case, because accumulation by the few would not harm the many. But it's still a needlessly intangible system - and it wouldn't make any sense in the world I'm talking about.
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